SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange) -- Ignore unavailable to you. Want to Upgrade?


To: Raymond James Norris who wrote (1851)3/2/1998 1:58:00 PM
From: john carr  Read Replies (1) | Respond to of 2841
 
IMO, releasing earnings concurrently with the conf. call is not good. Just gives them a chance to explain away the miss and make everything look rosey before the market punishes them. And they will get punished (anyone remember ANAD) if they miss.
One would think that if ECO had the 1.20 that they could get Coopers and Lybrand to scrape up a couple extra people to get the job done.
I am very bullish but smell and feel something wrong here. The company has done everything a company that is going to miss would do. Especially all the reassurances. We shall soon see, but don't expect any significant buying before Thursday. The best we can hope for is that the sellers disappear. Until then I see continued downward pressure as support is broken (for what support is worth at this point in the game).
good luck,
John